8101-12814 Commercial and Residential Remodeling Business for Sale

Undisclosed Address, Oregon
Business Opportunity for Sale
Catylist Listing ID: 30040246
Property Subtypes: Building and Construction Services
Building Size (RSF): See Agent
Sale Price: $279,000
Year Business Established: 1979
Gross Revenue: $895,851 (Annual)
Cash Flow: $169,236 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Last Updated: 8/1/2017

Overview / Comments

Opportunity to own and run a well-established small remodeling contractor's firm. For someone with construction experience, this is a prime area to expand into larger ventures on a well-placed foundation.

Additional Details

Industry Segment: Other Services
Reason for Selling: Owners have been building the company for 37 years and are ready to move on.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $168,283
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Commercial office for scheduling, client meetings and bookkeeping, 450 sq. ft., Industrial workshop for some finish work (painting, etc.) and storage, 1,400 sq. ft.
Employee/Labor Description: 5 FT/1 PT. Monday-Friday 8am-5pm.
Mgmt/Training Support Description: Will train for 6 weeks @ no cost. Commercial and residential remodeling and additions. Experience in the industry and passion for the work are necessary to flourish in this business. Contractor's license is required by the state.
Competition/Market Description: Due to large amounts of expansion in the area, there is local competition. The work ethic of the owner and contractors makes customers comfortable and encourages repeat business and referrals.
Growth/Expansion Opportunities: With motivated new leadership, this company could be expanded into new construction, or hire a larger staff to undertake more remodeling contracts.
Seller Financing Description: Lender pre-screened with $41,850 down.

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